ECI holds third BOD meeting chaired by Al Marri, reports issuance of AED 6.3bln trade guarantees in the first 9 months of 2022

ECI holds third BOD meeting chaired by Al Marri, reports issuance of AED 6.3bln trade guarantees in the first 9 months of 2022

UAE’s export credit agency provided guarantees equivalent to AED 16.6 billion non-oil trade to businesses exporting to 111 countries through 7,396 revolving credit guarantees

Dubai, UAE: Etihad Credit Insurance (ECI) held its third meeting in 2022, chaired by His Excellency Abdulla bin Touq Al Marri, UAE Minister of Economy and Chairman of the Board of Directors of ECI.

The meeting focused on the review of a series of ECI’s comprehensive programmes and initiatives, which are aligned with the National Agenda of bolstering the UAE’s non-oil foreign trade and increasing national exports by 50 per cent over the next few years, as part of the ‘Projects of the 50’.

During the meeting, His Excellency Abdulla bin Touq Al Marri commended ECI’s relentless commitment to protecting foreign investments of local businesses and its efforts to enhance UAE exports, ensuring their access to new international markets, which cements the unique position of UAE in the international trade map.

His Excellency said, “With the support and directives of our wise leadership, the UAE has achieved significant milestones at the regional and global levels, establishing its position as a leading hub of trade and investment in the region. We continue our efforts to expand and diversify our economy by